Bonds Analysis & Opinion

Is the bond bear market finally over? That is the question everyone is asking now that bond prices rallied sharply following the November FOMC policy meeting. As noted earlier: “On Wednesday,...

By Padhraic Garvey and Benjamin SchroederThe Rally In Long-End Rates Extended With the Curve Flattening AcceleratingOverall, we have now seen a drop of close to 30bp in 10-Year and longer yields over...

United States 10-Year yields are closing in on 5%. What's the Big Deal? What does it mean for stocks and gold?

Bonds have been selling off for quite a while now Once considered the safest investment, the sell-off has proven how risky long-duration bonds can be This is a great opportunity for investors to...

Treasury yield levels are overwhelmingly a function of inflation. However, in the short run, a plethora of influences can explain deviations between yields and inflation. These factors, which we call...

Two weeks ago I pointed out one of the effects of higher interest rates is that leveraged return strategies get swiftly worse as rates rise. Today, I want to talk about another result of higher...

Rising interest rates have created a decline in treasury bonds not seen in modern times.Well, they say crisis equals opportunity.This may be the case today as we look at a long-term...

Psychology in markets is always fascinating. In February 2009, I wrote “8 Reasons For A Bull Market.” While in hindsight, it is easy to see that was the right call, overall, psychology was...

While bond yields have risen sharply lately, fund flows into bonds tell two very different stories. We have previously written much on the recent rise in bond yields related to economic growth, event...

The bond market rout continues to deteriorate and cause growing pains for banks.  Losses in long-maturity bonds are nearing historical levels after coming under severe pressure due to...

There are several indicators to watch when assessing risk across the financial markets, and today we discuss one of the more important ones. Junk bonds. When junk bonds are performing well and in...

A perfect storm may be brewing for the bond market as a combination of factors drives yields higher.Exhibit A is the benchmark 10-year Treasury yield, which rose again in yesterday’s trading to...

Fed's actions and projections remain disconnected from each other Powell needs to make bonds attractive in order to keep the US economy going ahead Meanwhile, a bearish steepening has made it even...

There is a rare and powerful trend occurring in bond markets.History shows that if left unchecked, it can cause serious damage to equity markets and the economy. Over the last 3 months, US bond...